ROFR Thread January to March 2021 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[kes601]

The contract we are in the process of buying disappeared soon after it went to ROFR. We have since passed and in the closing stage.

Thanks. We just realized 10 days had passed since sent to ROFR and that was the opt out time built into the contract, so that is more likely the reason.

 

[auntielellie]

auntielellie---$113-$27935-240-SSR-Feb-240/20, 240/21, 240/22- sent 2/15

 

[princesscinderella]

That's not good news for me as a buyer trying to get in of course. The direct market is stupid to me. Sorry if that offends someone but it does nothing for me. I guess there is always a sucker willing to pay for the dramatic price bump for non contracted benefits at these older resorts. Maybe DVC is realizing they should have embraced resale years ago.

I was just down at disney in mid Jan and they told me no tours are going on and it's all virtual. Had no interest in really offering resorts that aren't newer. I'm sure they are based on what everyone is saying.

I agree 100% that resale is the way to go. We have a couple direct contracts VGC which I bought at $120 a pt once it was sold out but wasn’t really available on the resale market when I bought in 2013. We also bought direct VGF right when it went on sale to members at $145 pt they didn’t have any incentives. I don’t regret buying direct for those. Our first DVC purchase was BWV at $55 and SSR at $65 a point so I feel like our resales steals balanced our direct buy in costs.

Thats weird that they said no tours are available as we went to RIV, the bungalows, SSR GV all in January when we were there.

 

[gisele2]

CmdrThor---$100-$22670-211-SSR-Feb-0/20, 370/21, 211/22-buyer pays 1/2 MF'21- sent 1/20, passed 2/12

Hurray! Can’t wait to get our points so I can shuffle some 2021 points around and book our Christmas trip with our niece and nephew.

Wow , they can not take them all

 

[gisele2]

A storyboard sounds like something artistic. If I tried to do that my wife would never be able to figure it out because it would look like I had done a shoe box filled with garbage and gave it to her(I am picturing a storyboard like a doll house with a scene that shows Hawaii)

We gave our godchild once a vacation in Guadeloupe , in the card we put the geographic coordinates. To our goddaugther we gave a Disney vacation , so we did a savannah in a shoe box .( we were staying in AKV ....) .

 

[Sandisw]

DVC buys back contracts with low points because they don't want their product to lose value.

Not sure this is accurate. If it was, they wouldn’t have changed the resale restrictions for RIV.

Honestly, it’s a mystery other than they want to have direct buyers and all the decisions are based on that. They will even tell you not to buy expecting a high resale value.

Right now, my guess is they are taking them back to help replace points lost during closure, points given to owners for expired points, and to use for sale for those who want to spend a little less than what RIV costs.

 

[pangyal]

No I have never been that is why I wonder and all people. I hear it's great. Obviously it's beautiful. I would love to visit pearl harbor, go to a luau, see the lava fields. When we go we are going to fly into Cali to hit Disneyland to cut the flight into half days instead of 9 to 12 hours at once and be able to go there for the first time.

That's what we did when we went to Aulani (we live in Toronto- hi neighbour!). We did YYZ-YVR-HNL on the way there and it was awful, but we intentionally front-loaded the long plane ride and did Disneyland/GCV on the way back, which was much more palatable!

I am so glad this passed for you as I have obviously been following the Skywalker Saga (he he he) for some time now. I'm sure we are all going to enjoy hearing about your wife's reaction when you tell her . And what a great deal you got! ENJOY!

 

[pangyal]

Oh, and- UPDATED!

 

[manditrianne]

manditrianne---$77-$13742-150-HH-Apr-0/19, 0/20, 150/21, 150/22- sent 1/31

Was really hoping for a Saturday notification...

 

[vicarrieous]

Was really hoping for a Saturday notification...

Sent to rofr same day. Was hoping too! Crossing fingers for next week!

 

[Disneytrippin']

"DVC buys back contracts with low points because they don't want their product to lose value."

I understand but they are buying back contracts at higher prices versus history and it would seem a higher percentage of contracts too. That's all I am really saying.

I guess I meant low cost per point.

 

[Disneytrippin']

Was really hoping for a Saturday notification...

Me too! Its harder when you've seen contracts passing in as little as 8 days. After two weeks you start checking your email every 5 minutes.

 

[manditrianne]

Me too! Its harder when you've seen contracts passing in as little as 8 days. After two weeks you start checking your email every 5 minutes.

You give it a whole 5 minutes? Wow! HAHAHA

 

[vicarrieous]

You give it a whole 5 minutes? Wow! HAHAHA

LOL, contant refresh. Is it worth it/crazy to email and ask your broker if there are any updates?

 

[Cartman3132]

Me too! Its harder when you've seen contracts passing in as little as 8 days. After two weeks you start checking your email every 5 minutes.

I'm on day 23 today. 2 SSR contracts went a week before me and the same day as me and got their answers this week. The ROFR office is killing me.

 

[manditrianne]

LOL, contant refresh. Is it worth it/crazy to email and ask your broker if there are any updates?

It's like you're in my head! I thought about doing that and then I checked the date and reminded myself I'm just a bit impatient. Do we take a collection and (anony-mouse-ly) send the ROFR office a cookie bouquet for Valentine's Day to sugar them up and crank things out?? (only *partly* joking)

 

[DisneyMom_3]

Me too! Its harder when you've seen contracts passing in as little as 8 days. After two weeks you start checking your email every 5 minutes.

I’m impressed you can wait 2 weeks. After 8 days, I find myself obsessively checking mine. Of course, they took my last one in 8 days, so I’m hoping the longer wait time will mean good news this time!

 

[Disneytrippin']

I’m impressed you can wait 2 weeks. After 8 days, I find myself obsessively checking mine. Of course, they took my last one in 8 days, so I’m hoping the longer wait time will mean good news this time!

I have a pretty sweet deal. Empty contract so no annual dues and the seller pays closing for 200 pts at 110 p.p. at AKV. I really hope Disney sees empty and says PASS.

 

[figgy0223]

figgy0223---$123-$33523-250-BWV-Oct-227/19, 240/20, 250/21, 250/22- sent 2/9

 

[gisele2]

figgy0223---$123-$33523-250-BWV-Oct-227/19, 240/20, 250/21, 250/22- sent 2/9

It qualifies for the définition of a loaded contract ! Hope it passes ROFR .